#allbirds — Public Fediverse posts

News Headlines | Turnaround Plan: The brands that shifted to new sectors

AI generated summary, Read the full article for complete information.

The article examines how several well‑known companies have reinvented themselves by moving into entirely new industries: Allbirds sold its shoe business for $39 m and turned the remaining listed shell into NewBird AI; Nokia, founded as a paper mill in 1865, gradually shifted from rubber and cables to mobile phones and now thrives as a telecom‑network and AI‑infrastructure provider with nearly €2 bn of operating profit; Nintendo, originally an 1889 hanafuda‑card maker, only entered electronics in the 1960s and has become a global video‑game leader; American Express began in 1850 as a freight‑shipping and cash‑in‑transit firm before evolving into a major financial‑services brand. The piece highlights that such dramatic pivots are increasingly common in tech, citing YouTube, Slack and Twitter as examples of companies that changed direction early on to achieve lasting success.

Read more: https://www.rte.ie/news/business/2026/0425/1570108-pivot-ai-tech/

#Allbirds #NewBirdAI #Nokia #Nintendo #business #BarackObama #LeonardoDiCaprio #OprahWinfrey

AI generated summary, Read the full article for complete information.

News Headlines | Turnaround Plan: The brands that shifted to new sectors

AI generated summary, Read the full article for complete information.

The article examines how several well‑known companies have reinvented themselves by moving into entirely new industries: Allbirds sold its shoe business for $39 m and turned the remaining listed shell into NewBird AI; Nokia, founded as a paper mill in 1865, gradually shifted from rubber and cables to mobile phones and now thrives as a telecom‑network and AI‑infrastructure provider with nearly €2 bn of operating profit; Nintendo, originally an 1889 hanafuda‑card maker, only entered electronics in the 1960s and has become a global video‑game leader; American Express began in 1850 as a freight‑shipping and cash‑in‑transit firm before evolving into a major financial‑services brand. The piece highlights that such dramatic pivots are increasingly common in tech, citing YouTube, Slack and Twitter as examples of companies that changed direction early on to achieve lasting success.

Read more: https://www.rte.ie/news/business/2026/0425/1570108-pivot-ai-tech/

#Allbirds #NewBirdAI #Nokia #Nintendo #business #BarackObama #LeonardoDiCaprio #OprahWinfrey

AI generated summary, Read the full article for complete information.

Self-Host Weekly (17 April 2026)

#Whoogle goes dark, software updates and launches, a spotlight on #Transmute -- a file conversion platform, and more in this week's #selfhosted recap!

https://selfh.st/weekly/2026-04-17

#selfhost #selfhosted #opensource #foss #homelab #devos #sysadmin #fediverse #newsletter #privacy #smarthome #development #allbirds #ai #photos #software #app #apps #nextcloud #cloudflare

I'm sorry....what? Allbirds, the shoe company, just became an AI company?

https://finance.yahoo.com/news/allbirds-stock-tumbles-after-nearly-600-rally-as-the-shoemaker-rebrands-as-an-ai-company-173129269.html

#AI
#Allbirds

Wait the Allbirds AI pivot is even more stupid than it seems on the surface.

They want to sell GPU compute now instead of shoes.

#allbirds

Allbirds’ AI pivot, stock surge may help ‘define the era’

Eric Lynch of Suncoast Equity Management said that Allbirds' rebrand from footwear maker to AI firm, which whiplashed its stock in two days from a 580% gain to 30% loss, characterized the story-driven market we've seen over the last year. #allbirds #markets #artificialintelligence #stocks #News #Reuters #Newsfeed Read the story here: 👉 Subscribe: Keep up with the latest news from around the world: Follow Reuters…

https://fllics.com/en/video/allbirds-ai-pivot-stock-surge-may-help-define-the-era/

Onko tekoälykuplan lakipiste jo lähestymässä..?

Eettinen, ympäristönsuojeluun panostanut kenkävalmistaja lopetti kenkien valmistamisen ja ryhtyi tekoälyfirmaksi.

https://dawn.fi/uutiset/2026/04/16/tekoalyhype-kenkafirma-lopetti-kenkien-valmistuksen

#allbirds #newbird #tekoäly #uutiset #talous #teknologia #tekniikka

Oil prices gain and Asian markets rise

HONG KONG (AP) — Asian stocks mostly gained while oil prices rose on Thursday as investors were closely…
#NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Business #allbirds #BankofAmericaCorp #BrianMoynihan #Chinagovernment #donaldtrump #EwaManthey #Financialmarkets #Generalnews #Inc. #iran #Irangovernment #Iranwar #MorganStanley #oilandgasindustry #scottbessent #Warandunrest #WarrenPatterson #Worldnews
https://www.newsbeep.com/us/587489/

Oil prices gain and Asian markets rise

HONG KONG (AP) — Asian stocks mostly gained while oil prices rose on Thursday as investors were closely…
#NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Business #allbirds #BankofAmericaCorp #BrianMoynihan #Chinagovernment #donaldtrump #EwaManthey #Financialmarkets #Generalnews #Inc. #iran #Irangovernment #Iranwar #MorganStanley #oilandgasindustry #scottbessent #Warandunrest #WarrenPatterson #Worldnews
https://www.newsbeep.com/us/587489/

Allbirds + AI = New Bird AI.
New Bird AI + Time = Shit Bird?

#Allbirds #NewBirdAI #WallStreet #Stocks #reinventing #absurd

I’d say the following fits perfectly 🤭

“When even shoeshine boys are giving you stock tips, it’s time to sell.”
- (supposedly) Joe Kennedy

https://news.kagi.com/s/pbr643

#AIBubble #allbirds #ai

RE: https://mastodon.social/@blogdiva/116411161916654300

Resonates LOUD and clear: re Allbirds wool sneaker makers/sellers: “ the sneakers were real but the stock was always a scam. the pivot is from one scam to another [AISlop].

“forensic accountants should have a field day”

#USGrift #Allbirds #Scam #forensicAccountantsNeeded #AISlop

What was the fucking reason for this?!

Bubble watch: Fashion brand Allbirds pivots hard to become AI services company

https://arstechnica.com/ai/2026/04/bubble-watch-fashion-brand-allbirds-pivots-hard-to-become-ai-services-company/

#Allbirds #Fashion #AI #Tech

you know what? fuckit. let’s call #AllBirds the needle popping the #AI bubble.

this company that “made” wool sneakers and was marketed to techbros & Hollyweirdos, ―including Obama― was once valued at US $4B (EU $4,000 million).

the more i read about them the more they sound like a Theranos and WeWork, but make it sneakers.

the sneakers were real but the stock was always a scam. the pivot is from one scam to another.

forensic accountants should have a field day

https://techcrunch.com/2026/04/15/after-sale-of-its-shoe-business-allbirds-pivots-to-ai/

Shoe company pivots to AI, gets stock price boost of 600%. 🤡

This is not a bubble. :blobsweat:

After sale of its shoe business, Allbirds pivots to AI
https://techcrunch.com/2026/04/15/after-sale-of-its-shoe-business-allbirds-pivots-to-ai/

#AI #Bubble #AllBirds

Is it too on the nose to say that a shoe company pivoting to AI is, "a bad fit"?

#Allbirds

Schuhfirma #Allbirds verkauft sein komplettes Geschäft, benennt sich in NewBird AI um und will in Zukunft KI-Rechenleistung vermieten. An der Börse stiegt der #Aktienkurs direkt um über 600 Prozent. #KI https://winfuture.de/news,158122.html?utm_source=Mastodon&utm_medium=ManualStatus&utm_campaign=SocialMedia

A sure sign that AI is a bubble and will pop.

"Struggling Shoe Company Stock Rockets More Than 400% After Announcing Pivot To AI”, #HuffPost

"The company, now calling itself NewBird AI, said it intends to raise up to $50 million in funding, which it will then spend on 'high-performance, low-latency AI compute hardware' that it plans to lease to customers.

'NewBird AI expects to use initial capital from the Facility to acquire high-performance GPU assets, which will be deployed to serve customers requiring dedicated access to AI compute capacity,' the company said. 'NewBird AI’s long-term vision is to become a fully integrated GPU-as-a-Service (GPUaaS) and AI-native cloud solutions provider.’"

#AI #Economics #Business #Technology #StockMarket #AllBirds #StockBubble

A sure sign that AI is a bubble and will pop.

"Struggling Shoe Company Stock Rockets More Than 400% After Announcing Pivot To AI”, #HuffPost

"The company, now calling itself NewBird AI, said it intends to raise up to $50 million in funding, which it will then spend on 'high-performance, low-latency AI compute hardware' that it plans to lease to customers.

'NewBird AI expects to use initial capital from the Facility to acquire high-performance GPU assets, which will be deployed to serve customers requiring dedicated access to AI compute capacity,' the company said. 'NewBird AI’s long-term vision is to become a fully integrated GPU-as-a-Service (GPUaaS) and AI-native cloud solutions provider.’"

#AI #Economics #Business #Technology #StockMarket #AllBirds #StockBubble

A sure sign that AI is a bubble and will pop.

"Struggling Shoe Company Stock Rockets More Than 400% After Announcing Pivot To AI”, #HuffPost

"The company, now calling itself NewBird AI, said it intends to raise up to $50 million in funding, which it will then spend on 'high-performance, low-latency AI compute hardware' that it plans to lease to customers.

'NewBird AI expects to use initial capital from the Facility to acquire high-performance GPU assets, which will be deployed to serve customers requiring dedicated access to AI compute capacity,' the company said. 'NewBird AI’s long-term vision is to become a fully integrated GPU-as-a-Service (GPUaaS) and AI-native cloud solutions provider.’"

#AI #Economics #Business #Technology #StockMarket #AllBirds #StockBubble

Wer braucht schon Schuhe, wenn man auch AI Kram verscherbeln kann 🤷🏻‍♂️
Ich meine, WTF #allbirds

https://techcrunch.com/2026/04/15/after-sale-of-its-shoe-business-allbirds-pivots-to-ai/

@ai6yr

#Allbirds #CEO is visionary.

Getting in early on the future where we'll get jobs running on treadmills to power #AI.

For absolutely no reason whatsoever I'm reminded of the Long Island Iced Tea company, that saw a ~400% gain in stock value after announcing a move to being a crypto company.

The company was delisted a year later and faced regulatory investigations for years over the move.

They never did anything with crypto btw.

#allbirds #finance #ai

Allbirds abandonne les baskets pour se reconvertir dans.... l’IA
https://mac4ever.com/195685
#Mac4Ever #Allbirds #IA

🐦 #Allbirds, the shoe wizards, think they're ready to conquer AI compute infrastructure because, naturally, making wool sneakers is a direct path to tech supremacy. 🧦 They’ve secured $50M, presumably to buy servers that match their ethically sourced laces. 🌱 #SneakerTechRevolution
https://ir.allbirds.com/news-releases/news-release-details/allbirds-inc-executes-50m-convertible-financing-facility #SneakerTech #Revolution #AIInfrastructure #Investment #SustainableFashion #HackerNews #ngated

Allbirds, Inc. Announces Expansion into AI Compute Infrastructure

https://ir.allbirds.com/news-releases/news-release-details/allbirds-inc-executes-50m-convertible-financing-facility

#HackerNews #Allbirds #AI #Expansion #TechNews #Innovation #SustainableFashion

RE: https://mas.to/@carnage4life/116409388102378306

Just? What?! Why!?
I’ve literally just bought a couple of pairs from them, and they’re great.

Why can’t we just have nice things??

#ai #tech #shoes #allbirds

This Isn't Funny, Shoe Companies Only Do This When They're In Extreme Distress

https://fed.brid.gy/r/https://aftermath.site/allbirds-ai/

I think people whose expertise is in shoe marketing and turning a $2B company into a $40M company are exactly the right people to run a new business doing datacenter buildouts, funded by the sale of their shoe firm. They can't be worse at it than CoreWeave!

#allbirds

AllBirds is now NoBirds.

https://www.nzherald.co.nz/business/allbirds-once-worth-7b-sells-its-assets-for-68m-will-wind-down/ZLBWRR3VKVASLM73M3RW62YHOE/

#NZ #AllBirds

Po období bezpodrážkovek s
#Vivobarefoot jsem bohužel seznal, že moje klouby už tlumení nutně potřebují. Zvlášť při rychlé chůzi, stání celé dny na veletrzích apod. Před covidem jsem objevil (tehdy ještě ryze americkou) značku #Allbirds…

Bože, to je pohoda!

Rád jim tu…
1/2

Private equity giveth, and private equity taketh away - Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, w... - http://feedproxy.google.com/~r/Techcrunch/~3/ZYHJ70W0e_M/ #vistaequitypartners #sustainability #compoundfoods #equitypodcast #ycombinator #databricks #humcapital #allbirds #drift #toast #ipo #s-1 #tc

Allbirds is investing in plant-based leather substitute as it looks to further green its supply chain - The sustainability focused shoe maker Allbirds has taken another step to green its supply chain with... - http://feedproxy.google.com/~r/Techcrunch/~3/Xf4u928hvLs/ #valorequitypartners #sustainability #manufacturing #novoholdings #boltthreads #supplychain #johnlegend #tonyfadell #allbirds #articles #illinois #textiles #culture #leather #porsche #welding #adidas #taipei #taiwan #shoe #tc

How ‘ghost work’ in Silicon Valley pressures the workforce, with Mary Gray - The phrase “pull yourself up by your own bootstraps” was originally meant sarcastically.
It’s not ac... more: http://feedproxy.google.com/~r/Techcrunch/~3/tMAeH0t8zWk/ #artificialintelligence #harvarduniversity #markzuckerberg #socialequality #bootstrapping #automation #healthcare #personnel #employees #microsoft #startups #allbirds #facebook #banking #policy #talent #ethics #labor #tc

Canadian startup Sweet Reason as sparkling spin on CBD beverages - Sweet Reason chief executive Hilary McCain says she launched her sparkling CBD-infused water brand b... more: http://feedproxy.google.com/~r/Techcrunch/~3/t6ywdb3SZEs/ #privateerholdings #riverparkventures #lererhippeau #unitedstates #maxventures #warbyparker #allbirds #cannabis #medicine #redbull #soylent #canada #health #hemp #tc